4927 S Prairie Ave Chicago, IL 60615
Ten-unit building in Chicago's Bronzeville neighborhood, near CTA Green Line.
Type:Multifamily
Property size:
10,850 SF- Added:
- Feb 23, 2026
- Days on Market:
- 37
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 4927 S Prairie Ave
General Information
- Standard status
- Active
- Size
- 10,850 SF
- Property subtype
- Multifamily
Listing agent Noah Birk License #IL 475.125864
Listing office Kiser Group
Listing date Feb 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
Overview
Bronzeville Multifamily Investment Opportunity
This ten-unit walk-up building is located in the Bronzeville neighborhood on Chicago’s South Side. The property is situated approximately two blocks from the CTA Green Line “L” station at 47th Street, providing convenient access to downtown and surrounding areas. The unit mix includes one studio, one 1-bedroom/1-bathroom, two 2-bedroom/1-bathroom, and six 3-bedroom/1.5-bathroom units. All units feature spacious layouts and updated kitchens and baths. Recent capital improvements include individual furnaces and water tanks, in-unit laundry, copper plumbing, and newer porches. The property size is 10,850 square feet. This stabilized asset is located in Chicago's historic Bronzeville neighborhood.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6190041
- Latitude
- 41.8048644
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten-unit building in Chicago's Bronzeville neighborhood, near CTA Green Line.
Where is this apartment building located?
The property is located at 4927 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High 7.67% current Cap Rate and 7.92% Cash Return with potential to increase through rent adjustments.; Located in the rapidly expanding and historic Bronzeville neighborhood.; Convenient access to downtown via the nearby CTA Green Line (2 blocks to 47th Street station).
